Everspin Technologies Inc reports results for the quarter ended March 31 - Earnings Summary
30/04/2025 22:02
Everspin Technologies Inc MRAM.OQ reported quarterly adjusted earnings of 2 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 7 cents. The mean expectation of two analysts for the quarter was for breakeven results per share. Wall Street expected results to range from -3 cents to 3 cents per share. Revenue fell 9% to $13.14 million from a year ago; analysts expected $12.50 million. Everspin Technologies Inc's reported EPS for the quarter was a loss of 5 cents. The company reported a quarterly loss of $1.17 million. Everspin Technologies Inc shares had risen by 3.9% this quarter and lost 17.1% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had fallen by about 97.5% in the last three months. In the last 30 days, there have been no earnings estimate revisions by analysts covering the company. RECOMMENDATIONS The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the semiconductors peer group is also "buy" Wall Street's median 12-month price target for Everspin Technologies Inc is $9.00 This summary was machine generated from LSEG data April 30 at 09:01 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
| QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
| Mar. 31 2025 | 0.00 | 0.02 | Beat |
| Dec. 31 2024 | 0.06 | 0.12 | Beat |
| Sep. 30 2024 | -0.01 | 0.17 | Beat |
| Jun. 30 2024 | -0.06 | -0.03 | Beat |